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04 040113 HA ADMINPLAN EX 2
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04 040113 HA ADMINPLAN EX 2
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Last modified
3/28/2013 10:01:24 AM
Creation date
3/28/2013 9:36:46 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Date
4/1/2013
Destruction Year
2018
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For students who satisfy these three conditions, any financial assistance in excess of tuition <br />received: (1) under the 1965 HEA, (2) from a private source, or (3) from an institution of higher <br />education, as defined under the 1965 HEA, must be included in annual income. <br />To determine annual income in accordance with the above requirements, the PHA will use the <br />definitions of dependent child, institution of higher education, and parents in Section 3-ILE, <br />along with the following definitions [FR 4/10/06, pp.18148-18150]: <br />Assistance under the Higher Education Act of 1965 includes Pell Grants, Federal Supplement <br />Education Opportunity Grants, Academic Achievement Incentive Scholarships, State <br />Assistance under the Leveraging Educational Assistance Partnership Program, the Robert G. <br />Byrd Honors Scholarship Program, and Federal Work Study programs. <br />Assistance from private sources means assistance from nongovernmental sources, including <br />parents, guardians, and other persons not residing with the student in an HCV assisted unit. <br />Tuition will have the meaning given this term by the institution of higher education in which <br />the student is enrolled. <br />Student Financial Assistance Excluded from Annual Income [24 CFR 5.609(c)(6)] <br />Any student financial assistance not subject to inclusion under 24 CFR 5.609(b)(9) is fully <br />excluded from annual income under 24 CFR 5.609 (c)(6), whether it is paid directly to the <br />student or to the educational institution the student is attending. This includes any financial <br />assistance received by: <br />• Students residing with parents who are seeking or receiving Section 8 assistance <br />• Students who are enrolled in an educational institution that does not meet the 1965 HEA <br />definition of institution of higher education <br />• Students who are over 23 AND have at least one dependent child, as defined in Section 3- <br />II.E <br />• Students who are receiving financial assistance through a governmental program not <br />authorized under the 1965 HEA. <br />6-I.M. ADDITIONAL EXCLUSIONS FROM ANNUAL INCOME <br />Other exclusions contained in 24 CFR 5.609(c) that have not been discussed earlier in this <br />chapter include the following: <br />• Reimbursement of medical expenses [24 CFR 5.609(c)(4)] <br />The full amount of student financial assistance paid directly to the student or to the <br />educational institution [24 CFR 5.609(c)(6)], except that in accordance with Section 224 of <br />the FY 2005 Appropriations Act, the portion of any athletic scholarship assistance available <br />for housing costs must be included in annual income [PIH Notice 2005-16]. <br />Regular financial support from parents or guardians to students for food, clothing personal <br />items, and entertainment is not considered student financial assistance and is included in <br />annua income. <br />2/25/13 Page 6-20 <br />
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